ABC Inc. sold a phone to a client on June 30, Year 2, for $150. The phone, which came with a two-year warranty, was thought to be worth $100 if sold without the warranty. As a result of this sale, how much sales/revenue would ABC Inc. take into income on its December 31, Year 2, income statement? Multiple Choice $100.00 $112.50 $125.00 $150.00